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Kani_forex

Shorting opportunity on NZDCAD

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
Kani_forex  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Chart Patterns Technical Indicators
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chartpattern indicator
We have analyzed the monthly, weekly and the day chart which are all aligned for the perfect shorting trade.
We have to wait for the retest and wait for a rejection on the H4 chart strong resistance area for entry.

The risk to reward ratio on this trade is 3/1.

Good luck.
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